Calculated Industries 3430 Pocket Reference Guide - Manual (Page 21)

P
OCKET
R
EFERENCE
G
UIDE
— 17
Retirement Savings
If you invest $10,000 today and $250 in
monthly deposits, what will it be worth in
30 years at 7% interest*?
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
Recall payments
per year ® ÷ 12.00
Enter deposit 1 0 ) l 10,000.00
Enter term 3 0 T 30.00
Enter interest 7 ˆ 7.00
Find FV s l 81,164.97
Add to M+ μ M 81,164.97
Clear o o 0.00
Enter payment 2 5 0 p 250.00
Find FV s l -304,992.75
Change minus sign to
plus sign s – 304,992.75
Add to M+ μ M 304,992.75
Find total and
clear ® ® 386,157.72
*If you deposit funds at the beginning of the
month, you must set to BEG Mode (see Large
User’s Guide/Preference Settings).